Population and Housing

[panamaniac]

We are surprised too. London's been growing at less than 1% a year since 2001 or so until a couple years ago.

Housing prices are nearly double what they were just 10 years ago, and keep rising fast. I am assuming many new residents are from Toronto / Greater Toronto who have moved here from selling their homes there at a huge profit.

Problem is London isn't really ready to handle this growth. Unlike Waterloo region, we have no local freeways, no rapid transit (but a partial BRT system is coming) and no regional transit to London's joke of a CMA (nearest small towns/cities are a 20+ min drive away through corn fields).

I never understood London's CMA as it includes cities outside of the region (hence maybe why there is no transit) and the KWC CMA doesn't even include all townships in the region, yet London does contain the entire region plus cities outside the region that aren't even close by.

Anyway, good for London and its growth tho...

See Statistics Canada’s CMA definition.